Discrimination: Why Bank ‘Officer’ Wasn’t Precluded from Suing for Bias and Retaliation
The National Bank Act (NBA) grants banks the power to dismiss their officers “at pleasure.” Courts have interpreted this to mean that the NBA protects banks from wrongful termination claims by officers, including employment discrimination suits. A new decision, however, makes it clear that job duties—not job title—are the determining factor in whether an employee […]